Dept. HBC

  1. Technology & Innovation

RTIH lays out this week’s coolest retail technology plays

RTIH Editor, Scott Thompson, brings you his top ‘future of retail systems’ deployments from the past week, including drone deliveries, Bitcoin rewards, smart shopping carts, and autonomous convenience stores. Pinterest and Samsung Pinterest has teamed with Samsung to launch of the first ever ‘flippable’ Pin on its platform. The aim is to show people just […]
3 min read
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  1. Data & Insights

CVS to launch virtual primary care solution

WOONSOCKET, R.I. — CVS Health announced on Thursday the launch of CVS Health Virtual Primary Care, a new virtual care solution available through a single digital platform. The offering connects CVS Health’s services, clinical expertise, and data for a more coordinated and consumer-centric health care experience. The company said the new solution enables consumers to […]
3 min read
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  1. Department & Category

Bausch + Lomb gets Health Canada approval for Lumify

VAUGHAN, Ontario — Bausch + Lomb Corp. announced that Health Canada has approved Lumify (brimonidine tartrate ophthalmic solution 0.025% w/v), the first and only over-the-counter eye drop developed with low-dose brimonidine tartrate to relieve redness of the eye due to minor eye irritations for adults. “With Health Canada’s approval of LUMIFY, we are excited to […]
2 min read
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  1. Agencies & Vendors

Household Products: Their Need to Go Green or Go Home

Empty shelves and $10 bottles of hand sanitizer….ah, those were NOT the days. But working from home, learning to cook for ourselves, and becoming increasingly more aware of how dirty the world can be has created a need for more household cleaning products. COVID-19 turned cleaning brands into lifestyle brands and built disinfecting habits consumers […]
7 min read
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  1. Channel: Specialty & Other

Best Buy Revises Its FY23 Plans After Q1 Struggle

Best Buy hasn’t been able to withstand the economic triple whammy of a pandemic, supply chain snags and a looming recession as well as some other brands, and that struggle has the company rethinking what lies ahead for it the rest of this fiscal year. While Best Buy stock continued to rise in early trading […]
2 min read
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  1. Technology & Innovation

3 big trends inspiring beauty innovations in 2022

Beauty and personal care (BPC) innovations that have really caught our attention so far in 2022 are tapping into interest in the metaverse, being vocal about value, and engaging consumers with some much needed escapism. 1. Brands utilise interest in the metaverse to blur digital and physical worlds The hype around the metaverse – that […]
< 1 min read
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  1. Channel: Drug

Peters, Rauch, Visalatha join Walgreens’ top management

DEERFIELD, Ill. — Walgreens this month added three executive positions to its leadership team, a move the national pharmacy chain said was made to bolster its retail, marketing and customer-experience offerings. The newest team members are Linh Peters, senior vice president and chief marketing officer; Luke Rauch, senior vice president and chief merchandising officer; and […]
2 min read
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  1. Trends & External Forces

Pharmacy is ripe for a bigger role

PALM BEACH, Fla. — The retail pharmacy industry really demonstrated its value to the American health care system in its response to the COVID-19 pandemic, outgoing National Association of Chain Drug Stores chair Colleen Lindholz asserted during her remarks at the association’s Annual Meeting here last month. The challenge going forward will be to build […]
3 min read
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  1. Channel: Mass

New Meijer supercenters anchor growing areas

GRAND RAPIDS, Mich. — Meijer recently opened two new supercenters in northeast Ohio. Located in Brunswick and Canton, the 155,000-square-foot stores are considered retail anchors in developing communities, the company said in announcing grand openings at both locations. Each supercenter offers consumers a state-of-the-art retail experience that features multiple ways to shop, Meijer said. “These […]
2 min read
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  1. Trends & External Forces

Elation pervades in-person NACDS meeting

PALM BEACH, Fla. — There was a distinctly celebratory air here during the NACDS Annual Meeting last month. Both NACDS president and chief executive officer Steve Anderson and incoming chairman Brian Nightengale, president of Good Neighbor Pharmacies, paid tribute to the role that community pharmacy and its suppliers filled during the height of the ongoing […]
3 min read
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  1. Shopper & Customer

To Keep Up in Today’s Market, Retailers Must Be More than Competitive—They Must Be Dynamic

Retail is getting more competitive by the day. And while the retail landscape has become increasingly saturated over the last few decades, the 2020 e-commerce boom brought more options to the digital market than ever before. As a result, retailers and brands must strategize new ways to save time, boost profits, and grow—all while meeting […]
3 min read
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  1. Partnerships & Alt Profit

Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand

A 45-year-old family-owned luxury business might not be the kind of company one expects to be at the cutting edge of digital commerce, but thanks to President Ken Natori, the company’s second-generation leader, Natori is just that. The designer fashion brand launched its own ecommerce operation in 2008, at a time when many other high-end […]
6 min read
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  1. Technology & Innovation

Ulta Launches Retail Media Network, Sephora Likely Not Far Behind

Ulta Beauty is the latest retailer to launch a retail media network, aiming to tap into the growing pool of ad dollars flowing into closed-loop systems as marketers look beyond search engines and social media in preparation for a cookie-less future. Ulta’s new offering, which the retailer first announced in late 2021, is called UB […]
2 min read
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  1. Department: HBC

Demand for inclusivity in beauty gets louder: 25% of Gen Z feel left out of beauty advertisements

While the beauty industry has made strides to become more inclusive, there is still room for improvement. According to the latest research from Mintel, almost one in five (17%) US consumers feel left out of beauty advertisements, rising to a quarter (25%) of Gen Z consumers*. Cookie-cutter beauty standards are losing favor, as nearly half […]
< 1 min read
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  1. Retailer Media

Ulta Beauty to Debut New Retail Media Network

Ulta Beauty is joining several major retail chains by introducing a new retail media network. Known as UB Media, the network allows brands to send targeted ads on Ulta Beauty’s app, website and other digital channels, such as email. It also lets marketers use Ulta Beauty’s shopper data to better place ads across the web. […]
< 1 min read
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  1. Channel: Mass

Target’s Out-of-Stock SKUs Soar

Target’s online out-of-stock SKUs soared from 5% in 2020Q1 to 15% in 2022Q1 according to Earnest Research Retail Pricing data. Out-of-stock SKUs, a proxy for unavailable products, initially jumped in the beginning of the pandemic. Around 20% of Apparel & Accessories items listed on Target’s site were out-of-stock in 2021, compared to 14% in 2020. […]
2 min read
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  1. Department: HBC

FMI launches new GM and HBC initiative

ARLINGTON, Va. — FMI – The Food Industry Association is launching a new initiative aimed at boosting general merchandise & health and beauty care (GM & HBC) sales in grocery stores. Led by consumer goods and retail industry veteran Tom Duffy, FMI’s new program will aim to “establish community engagement, a portfolio of insights and […]
2 min read
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  1. Retailer Media

Ulta Beauty Launches Retail Media Network, UB Media

Ulta Beauty, the nation’s largest beauty retailer, today announced the launch of its retail media network, UB Media, to offer brands addressable advertising leveraging its Ultamate Rewards members, the biggest community of beauty enthusiasts in the industry. This new capability will deliver a winning digital strategy for brand partners to personalize consumer engagement, drive growth, and fuel measurable returns.
3 min read
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  1. Operations & Supply Chain

Nordstrom Local to Summer in the Hamptons

Taking its Nordstrom Local pop-up concept to swanky environs this year, the luxury retailer will open an 850-square-foot location in Southampton, N.Y. from May 27 through Sept. 7. Nordstrom customers will have access to an array of services at this location as visitors descend upon the town that is known as a summer haven. Blending […]
2 min read
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  1. Channel: Mass

Target earnings hit by higher costs

MINNEAPOLIS – Target Corp. today said sales increased in its first quarter but higher costs impinged on profits. Comparable sales increased 3.3% in the quarter, reflecting traffic growth of 3.9%, the company said. Store comps were up 3.4% while digital comps increased 3.2%. Sales growth was led by frequently purchased categories, including food and beverage, […]
2 min read
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  1. Channel: Drug

Cooler Screens Partners With Place Exchange to Connect Brands With Programmatic In-store Advertising

Cooler Screens, which is creating the world’s largest in-store digital media platform, unveils a partnership with Place Exchange for programmatic ad buying opportunities of in-store media for omnichannel ad campaigns.
3 min read
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  1. Shopper & Customer

The Cascading Challenge of Merchant-Driven Product Attributes

The most common excuse made in the world of business and commerce — often said defensively, in hushed tones and with no small degree of implied embarrassment — is, “it’s the way we’ve always done it.” Well, we’re only human, after all. Stagnation and stasis and the comfort of the known often keeps us from […]
3 min read
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  1. Channel: Ecommerce & Digital

Retailers Competing Hard For Media/Ad Dollars

Business Insider reports on how “retailers are gunning for advertising dollars. “Retail ad is predicted to grow 31% to $41 billion this year, and, Amazon, Walmart, Instacart, and others are building ad businesses to get a piece of it. “They’re betting on the growth of e-commerce and the hope of offsetting retail’s thin margins by […]
2 min read
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  1. Channel: Restaurants

Restaurants and Customers Agree: Short Lines Are Simply Better

Imagine sitting at a crowded restaurant after a meal with friends and it’s 11 p.m. at night. Suddenly, it seems everyone wants their check at the same time, leaving the few waiters struggling to cater to eager guests who already have one foot out the door. In an interview with PYMNTS, Adnan Haque, CEO at […]
3 min read
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Editor’s Choice

  1. Channel: Dollar/Value
  2. Channel: Dollar/Value
  3. Corporate Strategy
  4. Corporate Finance
  5. Department: Consumer Durables
  6. Media & Marketing
  7. Shopper & Customer
  8. Technology & Innovation
  9. Trends & External Forces
  10. Operations & Supply Chain
  11. Stores & Formats

Dollar General post strong sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […]
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  1. Data & Insights
  2. Corporate Strategy
  3. Department: HBC
  4. Media & Marketing
  5. Data & Insights
  6. Shopper & Customer
  7. Trends & External Forces
  8. Merchandising

CVS to launch virtual primary care solution

WOONSOCKET, R.I. — CVS Health announced on Thursday the launch of CVS Health Virtual Primary Care, a new virtual care solution available through a single digital platform. The offering connects CVS Health’s services, clinical expertise, and data for a more coordinated and consumer-centric health care experience. The company said the new solution enables consumers to […]
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  1. Retailer Media
  2. Corporate Strategy
  3. Media & Marketing
  4. Retailer Media
  5. Data & Insights

22% Of Brands Are Unhappy With How They Allocate Their Retail Media Budget. But There’s a Better Way

Retail media networks (RMNs) are an exciting place to run ads, because of the valuable first-party data that retailers have about their customers. RMNs create an ability to target a specific retailer’s customers and provide valuable insights into how people shop. And brands certainly are not hurting for choices. Just last week, Ulta announced a media network and the hotel chain, Marriott, the week prior. 
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  1. Technology & Innovation
  2. Partnerships & Alt Profit
  3. Media & Marketing
  4. Data & Insights
  5. Shopper & Customer
  6. Technology & Innovation
  7. Trends & External Forces
  8. Associates & Employees
  9. Merchandising
  10. Operations & Supply Chain
  11. Stores & Formats

Developing a Perfect Store Strategy in 2022

In 2022, the perfect store is rooted in constant evolution — a system that maybe isn’t perfect in every moment, but is agile always, malleable when needed, and capable of critical self-reflection. These innate characteristics of the modern perfect store are supported by, and in return support, the adoption of a few important technologies and […]
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